Yao Yuan said very cautiously, "Lao Xia, let me tell you the truth. I am not willing to participate in the restructuring of state-owned enterprises. How did this happen? In fact, it was because of the state-owned sugar factory where my father worked. Their...
This generation of people regards the factory as more important than their own lives. You can say that I have developed and have no shortage of money to spend, but they have no spiritual support."
Shaking his head helplessly, Yao Yuan said in a deep voice, "The director of the sugar factory can be said to be the uncle who watched me grow up. He searched for me many times, but I was under pressure and didn't dare to agree. You know I'm worried.
What is it? I’m not worried about now. I’m worried about the future. Maybe I’ll be charged with embezzling state-owned assets. Do you think I’m unjust or not?”
Xia Honghua said with emotion, "Our generation and the previous generation all live in a planned economy and society. The factory is both a place to work and a place to live. It is also home. It is difficult for anyone to accept the loss of home. When it comes to the young people of your generation,
, naturally there is no such complex."
Waving his hand, Xia Honghua said, "I know you are worried about policy changes, but I can assure you that it will not change again this time. As for what you said about embezzling state-owned assets, what are you worried about if you haven't done anything?
It's done under the sun, and according to the regulations, you should pay as much as you should, and take as many shares as you should. Aren't you doing a good job in the Tianfu area?"
Yao Yuan shook his head and said, "It's different. The situation in the Tianfu area is quite special. Thirteen of their municipal machinery factories are insolvent, and thousands of employees have to deal with their livelihood and medical needs. It's not me who wants to buy these factories, but the Tianfu City Government and
The employees of these thirteen machinery factories are begging me to pay for them."
He emphasized his tone, "Even so, I didn't agree. The relationship here was too complicated. In the end, the Tianfu City Government provided a sum of funds to establish a joint venture with us, and used this joint venture to acquire 13 machinery companies.
The factory needs to be reorganized, and I can barely accept this plan."
After a pause, he said, "Lao Xia, tell me, can every province, city, or region in the country allocate a sum of money to establish a joint venture to reorganize state-owned enterprises? Except for a few whose economic conditions are slightly better.
provinces, other places are out of business.”
This is the truth, Xia Honghua has to admit it.
If the reform of state-owned enterprises is simply to sell off, there will be no need to discuss and study it over and over for so long and conduct so many pilot attempts. It is necessary to not only preserve state-owned assets, but also let state-owned enterprises gain the vitality for development. To achieve this goal, it is too difficult.
Difficult.
Having seen too many private enterprises that had trouble participating in the restructuring of state-owned enterprises, Yao Yuan was naturally very cautious. In the final analysis, there were no ways to make money, and there was no need to wade into troubled waters.
But the more he said this, the more Xia Honghua believed that he was the most suitable person to participate in the restructuring of state-owned enterprises. The most important thing was that, looking at the country, Xia Honghua could not find any other trustworthy and powerful enterprises except Dongfeng Group.
Xia Honghua said sincerely, "Xiao Yao, what you said does make sense, but we can't just make changes just because we encounter difficulties, right? Why should we reform and restructure state-owned enterprises? Isn't it just to re-energize these enterprises?"
"
"Revitalize some enterprises, bring some enterprises to the market, and establish a number of emerging enterprises. I remember you told me this. Xiao Yao, I won't hide it from you. I agree with many of your views, and I also
I wrote it into a report and submitted it, and the higher-ups agreed very much with it. We should proceed step by step, take both aspects into account, and look to the future. This is Mr. Li’s comment.”
After taking a sip of wine, Xia Honghua said, "Don't refuse this matter. If you are really worried, use a sum of money to set up an investment company and provide business ideas. To put it bluntly, consider this investment
If the company goes bankrupt, it won't affect your fundamentals. If anything happens, it won't be your fault. Even if it's a total loss, I know you won't feel bad."
He just had to ask Yao Yuan to register some offshore company.
Yao Yuan began to think deeply.
It's not that he hasn't considered this method, but he has never adopted it because he doesn't want to be scolded by the people twenty or thirty years later. He has spent his whole life with a good hand, and if he is still reduced to this, his life will be in vain.
But he also knows that in this era of market-oriented economy, it is unrealistic not to participate in the restructuring of state-owned enterprises at all. Moreover, he has fully demonstrated his ability and the strength of the enterprise, and has already been registered with the upper management.
.
Thinking of this, Yao Yuan could only express his position and said, "Lao Xia, then I will tell the truth. We have also formed a relatively complete method for the restructuring of state-owned enterprises and formed a series of standards. For example, we participated in the restructuring of seven sugar factories in Xihai
, the purchase price premium reached 45%. We hired a national accounting firm and a Hong Kong accounting firm to conduct a joint estimate."
This was the first time Xia Honghua had heard of such a method. It was more complicated than he imagined.
Yao Yuan shook his head helplessly, "When it comes to state-owned assets, we really don't dare to take it lightly, especially when it comes to the use rights of state-owned land. I won't hide it from you. It seems that some land has no value now, but in the future, the value of the land will be
If it goes up, will anyone say that we seriously underestimated the value of the land when we acquired it?"
"Of course, we paid whatever the value was at that time, and that's right. But you know, when it comes to state-owned assets, there are many things that we can't explain. I had no choice but to pay a premium, and I estimated the value of one million.
Just offer two million. But this is not the solution."
Xia Honghua fell silent. He realized that Yao Yuan's concerns existed, and he also knew that the future risks mentioned by Yao Yuan might exist.
"Do you have any ideas?" Xia Honghua asked.
Yao Yuan shook his head, "No, it mainly depends on you."
Xia Honghua nodded slowly and said nothing more.
Yao Yuan said with a wry smile, "The seven sugar factories in Xihai are not large in scale. The largest Xihai Sugar Factory has an annual output value of only more than 100 million at its peak. It exported some in the past few years and created millions of dollars in foreign exchange and equipment.
Together with the factory land, the estimated value is over 300 million. Do you know the purchase price we paid?"
He stretched out a hand and said, "Five hundred million, all in cash, paid in one lump sum."
45% premium.
The leaders of Xihai County were so happy that their mouths almost burst into tears.
Including six other sugar mills, Southern Industrial spent 1 billion Chinese dollars to acquire seven sugar mills in Xihai County. This does not include the funds needed for subsequent technical transformation and employee training.
Yao Yuan hoped that the Xihai County Government would provide a sum of money to form a joint venture, but the Xihai County Government's pockets were empty and could not come up with millions.
Xia Honghua became more and more silent. Yao Yuan's restructuring experience cannot be copied, because his method is to give a super high premium. No one can find fault at any time, but other people and other companies do not have the strength of Southern Industrial.
Yao Yuan does not use money as money, but uses money to solve problems. Only he has the ability to do so.
After figuring it out, Xia Honghua couldn't help but fell into deep thought.